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HomeMy WebLinkAboutResolutions - R-79-19 - 06/18/1979 - Traffic Signals Crystal Lake Rd R-79-19 EXHIBIT A WHEREAS, the City of McHenry has entered into an Agreement with the State of Illinois for the installation of traffic control signals at the intersection of Illinois Route 120 at Crystal Lake Road, known as STATE Section 14TS-79 and as CITY Section 79-00029-00-TL; and, WHEREAS, in compliance with the aforementioned Agreement, it is necessary for the CITY to appropriate sufficient Motor Fuel Tax, Funds to pay its share of the cost of said traffic signal improvement. NOW, THEREFORE, BE IT RESOLVED, that there is hereby appropriated the sum of TWELVE THOUSAND ONE HUNDRED EIGHTY-EIGHT AND NO/100 DOLLARS ($12,188.00) or so much thereof as may be necessary from any money now or hereinafter allotted to the CITY, under provisions of the Motor Fuel Tax Law, to pay for its share of the cost of this improvement as provided in this Agreement; and, BE IT FURTHER RESOLVED, that upon award of the contract for this improvement, the CITY will pay to the Department of Transportation of the State of Illinois, in a lump sum from any funds allotted to the CITY, under the Motor Fuel Tax Law, an amount equal to 95% of its obligation incurred under this Agreement, and will pay to the said Department the remainder of its obligation (including any non-participating costs for FA projects) in a lump sum, upon completion of the project based upon final costs; and, BE IT FURTHER RESOLVED, that the CITY agrees to pass a supplemental resolution to provide necessary funds for its share of the cost of this improvement if the amount ap- propriated herein proves to be insufficient to cover said cost. Passed this // day of , 1977 AYES TATE OF ILLINOIS) CITY OF McHENRY ) SS COUNTY OF McHENRY)Q NAYS V I, $AeA/t1 E. G/ LP/A/ Clerk in and for the City of McHenry, hereby certify the foregoing to be a true, ABSENT _ V perfect, and complete copy of a resolution adopted by the City Council at a meeting on by/ the /1 A.D. , 1971 . APPROVED: - IN TESTIMONY WHEREOF, I have hereunto set my hand and seal this /9 44 day ILLINOIS DEPARTMENT OF of JVFJE A.D. , 19 79 . TRANSPORTATION efC 344L,:_/ Clerk District Engineer